AMERCO

The parent company of U-Haul, North America's largest “do-it-yourself” moving and storage operator, AMERCO Real Estate Company, Republic Western Insurance Company and Oxford Life Insurance Company.

AMERCO Declares Preferred Stock Dividend

Reno, Nev (February 2, 2010) AMERCO, the parent of U-Haul International, Inc., Oxford Life Insurance Company, Republic Western Insurance Company and Amerco Real Estate Company, on February 1, 2010, declared a regular quarterly cash dividend of $.53125 on its Series A, 8 1/2 percent Preferred Stock (NYSE: AO+A). The dividend will be payable March 1, 2010 to holders of record on February 15, 2010.